Progressive State Bank
Lumberton, NC — Domestic Branch of a Domestic Bank
Acquired Jul 2006
Assets
Liabilities
| Liabilities | Progressive State Bank | All Insured Commercial Banks in North Carolina |
| Total Liabilities | 63,374,000 | 168,077,600,900 |
| Deposits | 56,155,000 | 162,986,848,257 |
| Demand Deposits | 12,410 | 63,362 |
| All NOW & ATS Accounts | 9,157 | 41,592 |
| Money Market Deposit Accounts | 1,454 | 211,616 |
| Other Nontransaction Savings | 5,785 | 2,212,960 |
| Time Deposits At Or Below Insurance Limit | 20,402 | 178,647 |
| Fully Insured Brokered Deposits | — | 382,015 |
| Less: Fully Insured Brokered Deposits | — | (382,015) |
| Time Deposits Above Insurance Limit | 6,507 | 153,372 |
| Total Deposits in Foreign Offices | — | 137,506,901 |
| Federal Home Loan Bank Borrowings Maturing Under One Year | — | 58,985 |
| Federal Funds Purchased & Resales | — | 5,418,257 |
| Federal Home Loan Bank Borrowing Maturing Over One Year | — | 239,697 |
| Other Borrowings Maturing Under One Year | — | 5,942,345 |
| Other Borrowing Maturing Over One Year | — | 10,950,592 |
| Acceptances & Other Liabilities | 440 | 8,523 |
| Capital | 7,219,000 | 5,090,752,643 |
| Subordinated Notes and Debentures | — | 4,975,236 |
| Total Equity | 7,219 | 115,517 |